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's completely incapable of making a deal. and look, i think we're headed over the fiscal cliff because, again, i don't think the republican party is serious about playing an important role in governing this country. >> now, i don't necessarily disagree with you, but let me push back a little bit, and then i'll let dan jump in. >> sure. >> look, the argument i'm hearing -- and i don't know what cuts the president is offering to the republicans -- but why doesn't he offer more? why doesn't he give them -- i mean, anything more that he offers would be better than going over the fiscal cliff. why can't we get to something? why can't he give enough significant cuts that would make some of these republicans in districts that will really have problems when they go back to win re-election, if they raise taxes, give them some sort of incentive. give them some serious cuts. >> let's break apart your premise because i just -- i do not think -- i think there is a significant portion of the republican party that simply will never see any increases in revenue as necessary to run this government. i mean, you k
? >> happy friday. >> there we go, happy friday. listen, this fiscal cliff deal, everyone is so sick of hearing the phrase. i it talked to several this week, members of congress and members of the senate who indicate we're going over the cliff. they say it won't be that bad. don't worry about it. there's something in me that wonders about the psychological impact of just going right over. >> mike, you're right. they are saying that, and there's a real risk especially in the white house. they know that the reaction of the markets, especially overseas, the credit raters is unpredictable. you don't want to start your second term with a double-dip recession. that's the real risk here. for republicans more and more you hear them saying and i think this is what you're refer to here. you hear them saying, let's just wait until people get their first paycheck. wait until they get that pay economic when there's less withheld and there's not a payroll tax holiday but then they want tax relief. it's a huge risk. another political game at play here. sherman has a great story on the sight right t
away if we go over the fiscal cliff? >> no, because there is going to be a little deal and we're going to continue to struggle and we're going to continue to have basically slow growth. that's the most likely scenario. >> i rarely agree with jeffrey, but a agree there. we're going to be sitting at this table in a couple months having this exact same discussion. >> whereas had we done the big deal seven weeks following the election, i believe the economy would have exploded. >> mary thompson, would wall street have exploded if we had a big deal? that would have been good news. >> if we had a big deal, that would definitely provide a catalyst for wall street. in large part, remember, the thing about the markets is they don't like uncertainty. >> right. >> once you clear up the uncertainty, there is a clear path, and that, a number of people say, could really send the markets off to the races. the u.s. economy, the fundamentals are there, and that's frustrating business owners, because they think they're in a good position, but what they need is clarity from washington. >> so, basically,
look at next week and the fiscal cliff presumably happening, going over it, john boehner is supposed to be re-elected speaker on next thursday. >> on the 3rd, yeah. >> is that going to change everything and he's going to say, to hell with this right-wing tail wagging my dog, i don't need you guys anymore? >> no, because the house isn't the only theater of this. there's the senate, of course. we talked briefly about this earlier, but mitch mcconnell has a senate election in 2014. and if there's been one thing that's been noted over the past year, it's these crazy senate challengers have the chance of knocking off a person in the primary. and i'm assuming that mitch mcconnell knows that. >> this is great. this is great. we love this. tension at the convention of both ends of pennsylvania avenue, the white house, congress. this is terrific stuff. kurt, stay with us, okay? can you. we're begging you, begging you. >> you're adding gravitas to this. >>> we'll also bring in nbc news political director, chuck todd, also nbc white house correspo corresponde correspondent. >>> first, dylan dre
Search Results 0 to 3 of about 4